NC lawyer convicted in mortgage fraud case

CHARLOTTE, N.C. (AP) - A Charlotte real estate lawyer has beenconvicted in federal court on charges in a multimillion dollarmortgage fraud investigation.

By: Stephanie Moore | WNCT-On Your Side
Published: April 02, 2009

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CHARLOTTE, N.C. (AP) The Charlotte Observer reported that 38-year-old Victoria
Sprouse was convicted Wednesday on five charges, including mortgage
fraud conspiracy, mail fraud, bank fraud and money laundering.
Sprouse was accused of lying to lenders, falsifying settlement
statements and stealing from her clients.
Prosecutors say Sprouse contributed to a wave of foreclosures in
the Charlotte area.
The defense says she was trustworthy and honest and was
unknowingly used in the scheme. Sprouse denied committing any
crimes.
Five men indicted with her have pleaded guilty in the case
involving about $15 million in loans and more than 200 properties.
Sprouse will be sentenced later.
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